Nordea Plans Troubled Baltic Property Loan Units - Congoo

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Nordea plans troubled Baltic property loan units

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FinanzNachrichten.de | July 03, 2009

TALLINN, July 3 (Reuters) - Nordic banking group Nordea is to establish companies in Estonia and Lithuania to handle real estate on its books from problem loans in the region, adding to one in Latvia, the bank said on Friday. Other banks such as Swedbank and SEB have also set up property management ...

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